Massachusetts Medical Cannabis Business & Marijuana Legal News

MA regulators investigate licensing limits of cannabis firms Acreage, Sea Hunter

Massachusetts regulators are scrutinizing whether cannabis companies Acreage Holdings and Sea Hunter Therapeutics violated state limits on how many marijuana business licenses a single entity can own, according to The Boston Globe. News of the investigation comes on the heels of a report from the newspaper that questioned whether the two companies controlled an excess […]

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Marijuana company Curaleaf to buy Nevada’s Acres Cannabis for $70M

Massachusetts-based Curaleaf, a vertically integrated cannabis operator, agreed to buy Acres Cannabis for $70 million in a cash and stock deal. Acres Cannabis currently operates 269,000 square feet of cultivation facilities in Nevada with plans to expand that to more than 400,000 square feet. The company also has a flagship dispensary in Las Vegas and […]

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Massachusetts cannabis RICO case settled out of court for ‘substantial’ amount

A Massachusetts racketeering lawsuit against a marijuana shop was dismissed, but the victory for that cannabis business didn’t come without a cost. The parties agreed to a “substantial” but confidential out-of-court settlement, according to recent information published by Masslive.com. A civil racketeering case – utilizing the Racketeer Influenced and Corrupt Organizations Act (RICO) statutes – was filed […]

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Suspended Massachusetts medical marijuana store allowed to open again

A medical cannabis dispensary in Acton, Massachusetts, that was ordered by the state to temporarily close, has been given permission to reopen its doors. Massachusetts marijuana regulators had ordered Mass Wellspring to close on Feb. 7 because of several stated violations. “We have worked diligently to update our policies, security coverage and labeling to comply with the […]

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Curaleaf acquires California cannabis group for $30.5 million

Massachusetts-based Curaleaf, a vertically integrated multistate marijuana company, acquired California’s Eureka Holdings. Eureka Holdings operates a cultivation facility in the Salinas Valley and is developing three dispensaries in the Golden State. The deal is valued at $30.5 million with $10 million paid in cash and the balance in stock. This amount could potentially increase based […]

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Multistate cannabis firm 4Front buys dispensary, grow operations in AZ and MA

4Front Holdings, a U.S. cannabis retail and brand company based in Phoenix, expanded its national footprint with acquisitions in Massachusetts and Arizona. 4Front acquired Healthy Farms, which has two dispensaries and a cultivation facility in Massachusetts, and PHX Interactive, owner of Greens Goddess in Phoenix, a holder of a vertically integrated license. Financial details of the […]

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MA blames cannabis retailer, not traceability system, for product shortage

Massachusetts’ marijuana czar disputes a claim by a Salem cannabis retailer this week that flaws in the state’s traceability system caused the store to run out of flower. Steven Hoffman, chair of the state’s Cannabis Control Commission, said the problem stemmed from an error made by Alternative Therapies Group (ATG), which incorrectly logged its inventory, The Boston […]

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Seed-to-sale problem halts recreational sales at Boston-area marijuana store

A Boston-area marijuana store had to temporarily stop selling adult-use cannabis flower because of an issue with Massachusetts’ seed-to-sale traceability system, Metrc. Alternative Therapies Group (ATG) in Salem halted recreational cannabis sales because the store’s inventory data had become corrupted in Metrc, The Boston Globe reported. It’s unclear when ATG will resume recreational sales. The company announced […]

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Vertically integrated cannabis firm Ascend Wellness raises $55 million for expansion

Boston-based Ascend Wellness Holdings (AWH), a multistate vertically integrated marijuana operator, secured $55 million in funding to aid expansion plans in its home state of Massachusetts and other markets. The additional money will allow the company to grow its footprint into Ohio, where Ascend has an agreement to purchase a cultivation license and is in “advanced […]

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